View Original Article

SC Klaipedos Nafta preliminary transhipment and revenue results for the November 2015

December 3, 2015 11:38 PM
Globe Newswire

During November 2015 SC Klaipedos Nafta (hereinafter – “the Company”) reloaded 547 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. less by 1.6 percent compared to November 2014, when 556 thousand tons were reloaded.

During the eleven months of 2015 the Company reloaded 5,764 thousand tons of petroleum products into its storage tanks or greater by 16.5 percent compared to the same period of 2014 when 4,947 thousand tons were reloaded. The main reason for the transhipment volume growth in 2015 is the larger volume of petroleum products delivered from SC Orlen Lietuva refinery because of favourable macroeconomic conditions and attracted new customers that caused the larger transit cargos of petroleum products.

During November 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 282 thousand MWh (total during the eleven months of 2015 – 4,372 thousand MWh) of the natural gas were re-gasified and supplied to the natural gas transmission system (this activity started to be carried out on 27 November 2014).

The preliminary sales revenues of the Company’s LNG Terminal for November 2015 comprise EUR 5.4 million (LTL 18,6 million), which is equal to the one twelfth of the sum of necessary LNG Terminal operation costs and return on investments into LNG Terminal infrastructure for the year 2015, approved by the National Commission for Energy Control and Prices.

The preliminary sales revenues for the eleven months 2015 of SC Klaipedos Nafta oil terminal and SFB comprise EUR 36.1 million and are greater by 18.8 percent compared to the same period of 2014 (EUR 30.4). Total preliminary sales revenues of the Company for the 11 months of 2015 comprise Eur 95.4 million.

Petroleum products transhipment and LNG re-gasification

  November January – November
  2015 2014 Change, % 2015 2014 Change, %
Petroleum products transhipment, thousand tons 547 556 -1.6% 5,764 4,947 16.5%
LNG re-gasification, thousand MWh 282 4,372

 

Preliminary revenues of the Company, EUR million

  November January – November
  2015 2014 Change, % 2015 2014 Change, %
Klaipeda oil terminal activity 2.5 3.2 -21.9% 33.7 28.7 17.4%
Subacius fuel base activity 0.4 0.2 100.0% 2.4 1.7 41.2%
LNG terminal activity 5.4 0.0 59.3 0.0
Total: 8.3 3.4 144.1% 95.4 30.4 213.8%

 

         Finansų ir administravimo departamento direktorius Marius Pulkauninkas, tel. 8 46 391763

Sign up for the BOE Report Daily Digest E-mail Return to Home